Add-on Acquisition • Internet Software and Services

Raet Acquires Enomina S.L.

On December 20, 2016, Raet acquired internet software and services company Enomina S.L.

Acquisition Context
  • This is Raet’s 1st transaction in the Internet Software and Services sector.
  • This is Raet’s 1st transaction in Spain.

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M&A Deal Summary

Date December 20, 2016
Target Enomina S.L.
Sector Internet Software and Services
Buyer(s) Raet
Deal Type Add-on Acquisition

Target Company

Enomina S.L.

Olot, Spain
Enomina S.L. is a HR & Payroll software and service provider delivering its services on its own proprietary technology.
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Buyer Overview 1

Buyer

Raet

Amersfoort, Netherlands

Category Company
Founded 1965
Sector Internet Software and Services
Revenue 134M EUR (2012)
DESCRIPTION

Raet is a provider of HR cloud software and services. The company provides a cloud-based, integrated HR software suite covering the Human Capital Management needs of both large and small businesses globally. Raet was founded in 1965 and is based in Amersfoort, Netherlands.


Deal Context for Buyer #
Overall 2 of 2
Sector: Internet Software and Services 1 of 1
Type: Add-on Acquisition 2 of 2
Country: Spain 1 of 1
Year: 2016 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-07 RH Pro

Buenos Aires, Argentina

RH Pro is a Latin American HR cloud player with more than 300,000 daily users. RH Pro offers flexible, easy to use and reliable HR and payroll applications.

Buy -